JOHANNESBURG, Nov 21 (Reuters) - South Africa's third
biggest grocery retailer Pick n Pay is banking on
staple grocery items to drive sales among cautious consumers in
the crucial shopping month of November leading up to the holiday
season.
The retailer has expanded its early Black Friday deals to
prioritise everyday staples in response to a growing trend among
shoppers to prioritise essential purchases during the annual
sales event, it said in a statement.
Its decision is paying off as over just three days from last
Friday to Sunday, when it launched its early deals, Pick n Pay
sold enough sugar to sweeten over 70 million cups of coffee and
enough rice to serve over two million meals, the retailer added.
Since the launch of its early deals, Pick n Pay said it is
already seeing strong customer support for the promotional items
in-store and across its online platforms.
Basic staple items like sugar, rice, toilet paper, and
nappies were the major contributors. Shoppers are also buying
cool drinks and cereals.
Its own private label was one of the top-selling brands, it
added.
"Black Friday has evolved from a frenzy of splurging into a
highly anticipated savings opportunity," Tessa Chamberlain,
Marketing Director at Pick n Pay said.
"Many customers now carefully plan their shopping lists to
make the most of the deals, and we work nearly a year in advance
with suppliers to ensure we deliver unbeatable value that helps
households stretch their budgets."
The retailer also has deals running for general merchandise
items, ranging from electronics to big appliances and homeware,
which remain popular for some.
Pick n Pay is the first major retailer to provide insight in
how consumers are spending so far during the month long Black
Friday shopping period, a critical sales driver for the sector
ahead of the holiday season.
Retailers including Pick n Pay, Walmart ( WMT ) owned
Massmart, Amazon.com ( AMZN ), Shoprite and Woolworths
kicked off the holiday shopping season earlier than
usual, offering deals on goods ranging from toys and food to
household items.
($1 = 18.1197 rand)